Robert Kiyosaki's Love Story

It’s Valentine Day!  Let change the mood a bit and talk about love! Robert Kiyosaki and his wife Kim Kiyosaki has been married for almost 20 years.  But do you know that Robert spend 6 months asking Kim out!    Robert Kiyosaki shares his love story: I asked Kim out for six months! Then I used my sales training with “market research” (talked to a friend of hers) and “asking for a referral”! It was meant to be. She loves champagne and moonlit walks on…

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Cashflow 101 introduction video

Robert Kiyosaki introduced the Cashflow 101 game in this video. He mentioned that there are 2 main lessons that can be learnt from the game: 1. the 4 different level of investing 2. how to read and use income statement and balance sheeet [youtube ab7V1YDPiaE]

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More Cashflow 101 game tips from other players

What is more valuable than the after thoughts and advices from those who have just finished playing the game! Now … more Cashflow 101 Game tips from other players … TIP #1: Never…Ever…Quit. I believe that there are many things to understand to succeed at the game. But, for me, the most important is: NEVER, EVER, EVER, EVER QUIT — ON YOURSELF! No matter how you feel, NEVER QUIT! – Kathleen M  TIP #2: Step Out of Your Comfort Zone. CASHFLOW 101 is…

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Viceca's tips for Robert Kiyosaki Cashflow 101 game

Viveca Stone of getreadyforlove.com shares with us some of her tips from her experiences with Robert Kiyosaki Cashflow 101 game.  Hope some of these tips can help you get more out of the game. — First, what is Cashflow 101? It’s like Monopoly but all grown up. It is a realistic simulation of how you play cashflow in the real world only in this game you don’t really lose your shirt and you learn how to win in the real world. It is…

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12 Tips For Getting The Most Value From The Cashflow 101 Game

12 Tips For Getting The Most Value From The Cashflow 101 Game   By: Leon van der Walt (financial-inspiration.com) Robert Kiyosaki’s Cashflow 101 game is a great learning tool. The following hints have been compiled so that you can get the most value you possibly can from the game. These tips apply to real life as well, so keep your heads up. 1. Don’t cheat. The purpose of the game Cashflow 101 is for you to learn so if you cheat…

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Cashflow 101 game – Have you played?

I have not played Robert Kiyosaki “Cashflow 101” game before, but I heard that there is a computerised version as well.  In fact, there is even a newer version called “Cashflow 102”.  Micheal C. Gray of ProfitAdvisors.com gave a very short introduction of the Cashflow 101 game: Why review a game in a tax and business newsletter? Because this game is designed to help develop business and investment skills. The American educational system is designed to develop good employees, not entrepreneurs or investors….

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Real Estate Investing Mistakes Robert Kiyosaki made

Alex Anderson (GreatInvestmentProperty.com) highlighted this real estate investing mistake most rookies, including Robert Kiyosaki when he brought his first property, made. When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of course, ecstatic. Finally, he had done it. He had taken that first important step in truly building his wealth that the man he called his “rich dad” so often touted-investing. He knew it was very important to become an investor and make his…

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How Ryan builds his wealth

Here’s another proof of the simple “Pay Yourself First” principle that Robert Kiyosaki mentioned in his book “Rich Dad, Poor Dad”.  Ryan McKenzie shares how he uses this simple principle to build up his wealth.  He has 10% of his monthly income deducted automatically from his bank account and deposited into his mutual funds. When I look around at all of my friends, and a lot of my family, I see a lot of people living from pay check to…

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"How I made $122,000 and lost $132,000"

Not knowing the difference between what is an asset and what is a liability can be quite costly as Robert Scott found out.  He could be in better shape had he read Robert Kioyosaki “Rich Dad, Poor Dad”. How I made $122,000 and lost $132,000 – A lesson in Assets vs Liabilities by Robert Scott This is a true story from my own experience that illustrates how buying assets for wealth creation works. Just over 3 years ago I found myself…

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Is Mutual Fund Risky?

In the “Rich Dad, Poor Dad”, Robert Kiyosaki outlines some of the wealth building principles like leveraging on other people’s time and money, using tax laws to your advantage with corporation.  However, he has concern about investing into mutual funds and is staying away from them. In an interview with TheStreet.com back in 2002, Robert Kiyosaki explained his concern that mutual funds are too risky: I am very concerned, personally, about the number of people [who] will never be able…

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